Business Segment and Geographic Region Information

12 Months Ended

Dec. 31, 2021

Business Segment and Geographic Region Information

Business Segment and Geographic Region Information

Note 17. Business Segment and Geographic Region Information

We operate in one business segment, which is the manufacture of capital equipment for the semiconductor chip manufacturing industry. The principal market for semiconductor capital equipment is semiconductor chip manufacturers. Substantially all sales are made directly by us to our customers located in the United States, Europe and Asia Pacific.

Our ion implantation systems product line includes high current, medium current and high energy implanters. Other legacy processing products include curing and thermal processing systems. In addition to new equipment, we provide post-sales equipment service and support, including spare parts, equipment upgrades, used equipment, maintenance services and customer training.

Revenue by product lines is as follows:

	Year ended December 31,
	2021		2020		2019
	(in thousands)
Ion implantation systems and services	$	645,504	$	456,788	$	326,029
Other systems and services		16,924		17,772		16,929
Total revenue	$	662,428	$	474,560	$	342,958

Revenue and long-lived assets by geographic region, based on the physical location of the operation recording the sale or the asset, are as follows:

			Long-Lived
	Revenue		Assets
	(in thousands)
2021
United States	$	519,408	$	63,590
Europe		36,622		191
Asia Pacific		106,398		3,194
	$	662,428	$	66,975
2020
United States	$	351,069	$	67,521
Europe		28,977		235
Asia Pacific		94,514		547
	$	474,560	$	68,303
2019
United States	$	256,092	$	67,336
Europe		28,743		—
Asia Pacific		58,123		748
	$	342,958	$	68,084

Long-lived assets consist of property, plant and equipment, net, and assets manufactured for internal use, net. Operations in Asia Pacific consist of manufacturing, sales and service organizations. Operations in Europe consist of sales and service organizations.

International revenue, which includes export sales from U.S. manufacturing facilities to foreign customers and sales by foreign subsidiaries and branches, was $613.5 million (92.6% of total revenue), $423.7 million (89.3% of total revenue) and $306.6 million (89.4% of total revenue) in 2021, 2020 and 2019, respectively.